It stands for initial public offering, which refers to the issuance by a privately-held company of stock to public investors...

A measure of the responsiveness (of equity value or bond loss- i.e., equity tranche or bond tranche in a portfolio)...

The default sensitivity of a tranche (to the default of a single name/ credit). It is a measure of the...

A measure of the responsiveness (of equity value or bond loss- i.e., equity tranche or bond tranche in a portfolio)...

A temporary, short-term loan that is required to complete the purchase of a new property. This loan is usually made...

It stands for structured interest only; an interest-only bond (tranche) that receives the excess interest (difference between the coupon rate...

An issue of debt securities that carries an interest rate very close to the prevailing market rates (in the secondary...

The value of a convertible bond (CB) without its conversion feature, i.e., only as a straight bond. The bond floor...

A bond whose return is linked to some economic index (such as consumer price index, CPI). This includes both interest...

The single discount rate which, when applied to all cash flows including principal repayment, give a bond price equal to...